Energy sector roundup — 2026-10-16
Energy was the worst-performing sector in the S&P 500 on Thursday, falling 1.53% while the broader index rose 0.28%.
Energy was the worst-performing sector in the S&P 500 on Thursday, falling 1.53%¹ while the broader index rose 0.28%².
The decline was widespread, with only 5.3% of stocks in the sector finishing the day in the green³. The typical energy stock returned -1.23%⁴. Significant losses came from Williams Companies Inc., which dropped 4.92%⁵, Valero Energy Corporation at -3.42%⁶, and Targa Resources Corp. at -2.87%⁷. Even the largest players moved lower, including ExxonMobil Holdings Corporation (-1.32%)⁸, Chevron Corporation (-1.23%), and ConocoPhillips (-0.43%)⁹. Halliburton Company was the sector's top performer, though it only rose 0.18%¹⁰.
Despite Thursday's slide, the sector has maintained strong momentum over longer periods. Energy has returned 16.47% over the last three months¹¹ and 48.82% year-to-date¹². This performance puts the sector 12.94 percentage points ahead of the S&P 500 over a three-month window¹³ and 2.64 percentage points ahead over the last month¹⁴. Current technicals remain mixed but generally positive, with 73.7% of stocks trading above their 200-day average¹⁵ and 57.9% above their 50-day average¹⁶.
Educational tool. Not investment advice. This article was produced with automated assistance. Every figure in it was checked against the underlying data before it was published; the interpretation was not.